Wem Foundation

MINNEAPOLIS, MN EIN: 41-1604640

WEM Foundation is a private 501(c)(3) foundation based in Minneapolis, Minnesota. The organization has been tax-exempt since December 1988 and operates as a private grantmaking foundation.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$359.5M

+76.3% YoY

Grant Count

135

-2.2% YoY

Avg Grant Size

$2.7M

+80.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is giving primarily for arts and cultural programs, education, health care, and international affairs.

Primary funding focus areas include:

  • Education
  • Arts and cultural programs
  • Health care
  • International affairs
  • Philanthropy and voluntarism
  • Human services

Grantmaking

The foundation is open to new applicants.

Grant Range

$12,000

Average Grant

amount: $100–$75,165,000

Ready to take the next step with Wem Foundation?

Geographic Focus

Where this funder awards grants

The foundation supports a wide range of cities and states across the United States, including:

  • Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Maryland, Minnesota, Montana, North Carolina, New York, Oregon, Tennessee, Texas, Washington, and Wyoming
  • Major urban centers including New York, San Francisco, and Washington, D.C.
  • Smaller towns throughout the country

Grant Distribution by State

22states
+14 more states

Cities

AFTONARDEN HILLSBALTIMOREBERKELEYBIG TIMBERBIRD ISLANDBLOOMINGTONBOSTONBOULDERBOZEMANBRADYBROOKLYN PARKCHANHASSENCHASKACOLLEGE PARKCOLORADO SPRINGSCOON RAPIDSEDEN PRAIRIEEDINAERIE

Financial History

Multi-year comparison from IRS filings

2023 Financial Data:

  • Total assets: $0
  • Total revenue: $5.94 million
  • Total expenses: $360 million
  • Total giving: $359,470,304

Note: The significant disparity between assets and expenses reflects the foundation's planned spend-down phase.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12020202120222023
Metric202320222021
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$90M$180M$270M$359M136 grants2020130 grants2021138 grants2022135 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

ABBOTT NORTHWESTERN HOSP…$10.0MGUTHRIE THEATER$8.2MGROVES ACADEMY$5.3MCRISTO REY JESUIT HIGH S…$5.2MGREAT MN SCHOOLS$5.1MDUNWOODY COLLEGE OF TECH…$5.0MCHURCH OF THE ASCENSION$4.2MBOYS & GIRLS CLUBS OF TH…$3.1MCHILDREN'S THEATRE COMPANY$3.0MDIOCESAN SCHOOL FOR GIRLS$2.0M

Grant Size Distribution

200 grants across all recorded years

81<$50K24$50–100K38$100–250K11$250–500K14$500K–1M22$1–5M10$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key leadership includes:

  • Elizabeth S. MacMillan — Director/Vice Chair/Secretary
  • Harriet S. Norgren — Director
  • James Hield — Director/President

Compensation Overview

From 2023 IRS filing

JAMES HIELDDIRECTOR/PRESIDENT$390KHARRIET S NORGRENDIRECTOR$5K

From 2023 filing

NameTitleHoursCompensation
ELIZABETH S MACMILLANDIRECTOR/VICE CHAIR/SEC1
HARRIET S NORGRENDIRECTOR0.25$5,000
JAMES HIELDDIRECTOR/PRESIDENT40$390,000

Recent News & Activity

Recent developments and announcements

Minnesota's WEM Foundation is in the process of sunsetting with a substantial spend-down of approximately $500 million. The foundation has distributed significant grants across its focus areas during this wind-down period.

Willmar teacher wins $10,000 award from WEM Foundation - West Central Tribune

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Wem Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities